Market News

Kuwait stocks kick off week with a downtick

(Arab Times - 9/10/2018 5:22:00 AM)

Kuwait stocks sagged Sunday after eking modest gains in the previous week. The All Shares Index dropped 10.87 points in sluggish trading to close at 5,138.55 points weighed by some of the mid-caps even as the overall sentiment remained mixed.

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Oman share index ends higher

(Times of Oman - 9/10/2018 5:16:00 AM)

The MSM30 index ended higher on Sunday and closed at 4,453.56 points, up by 0.47 per cent. MSM Sharia Index closed at 612.55 points, up by 0.18 per cent. Dhofar Generating Company was the most active in terms of volume and in terms of turnover. The top ...

UAE stock indices flat amid weak momentum

(Gulf News - 9/10/2018 5:05:00 AM)

The UAE’s main stocks indices were nearly flat on Sunday amid a lack of catalysts to spur much trading activity, with Abu Dhabi’s main index ending unchanged.

The Abu Dhabi Securities Exchange (ADX) general index ended the day at 4,918.08, with ...

UAE indices end in green on earnings

(The Gulf Today - 9/10/2018 4:46:00 AM)

Gulf stock markets closed on a positive note on Sunday, reversing some of their losses earlier in the day. The Dubai index gained 0.6 per cent, with Islamic Arab Insurance Co among the best performing stocks, up 4.4 per cent.

The company surged ...

Dubai stabilises, Abu Dhabi could see more short-term pressure

(Gulf News - 9/9/2018 8:23:00 AM)

Last week, the Dubai Financial Market General Index (DFMGI) dropped by 13.56 or 0.48 per cent to end at 2,826.60. There were 15 advancing issues and 19 declining, while volume rose to an eight-week high.

A consolidation phase continued as there ...

MSM30 continues posting gains with increased interest in key scrips

(Oman Daily Observer - 9/9/2018 7:27:00 AM)

The general index has maintained its upward trend during the past week with the support of the institutional presence and improved investment appetite as the positive macroeconomic developments continue. The listing of Dhofar Generating Company supported ...

Saudi exchange boss sees more IPOs

(Arab News - 9/6/2018 7:39:00 AM)

A package of incentives is to be offered to Saudi companies to list on the Riyadh-based stock market, with more initial public offerings (IPOs) expected next year, according to the CEO of the exchange. The Saudi Stock Exchange, known as Tadawul, expects ...

Oman share index ends higher

(Times of Oman - 9/6/2018 7:19:00 AM)

The MSM30 index ended higher on Wednesday and closed at 4,429.45 points, up by 0.01 per cent. MSM Sharia Index closed at 612.20 points, down by 0.06 per cent. Dhofar Generating Company was the most active in terms of volume and in terms of turnover. The ...

49 investors, 10 listed firms take part in DFM roadshow

(Gulf News - 9/6/2018 7:16:00 AM)

The Dubai Financial Market (DFM) International Investor Roadshow in London connected representatives of 49 international institutions and 10 listed companies. The event included 151 one-on-one meetings with institutions managing $2.5 trillion in ...

Abu Dhabi merger fires up ADX trading

(Gulf News - 9/6/2018 7:15:00 AM)

A potential merger led by Abu Dhabi Commercial Bank (ADCB) has fired up trading on the Abu Dhabi Securities Exchange (ADX). About 40 million shares changed hands on the Union National Bank (UNB) counter on Wednesday, the highest volume since 2003, as ...